Get Collateral Securities Pledge Form--state - Ok.gov

Filling out the Collateral Securities Pledge Form is an essential step for users looking to secure pledges involving collateral securities in Oklahoma. This guide provides a detailed, step-by-step approach to help you efficiently complete the form online, ensuring all necessary information is accurately provided.

Follow the steps to successfully complete the form online.

1. Click the ‘Get Form’ button to obtain the Collateral Securities Pledge Form. This action will allow you to access the document in an appropriate editor for online completion.
2. Begin with Section 1, where you must enter the Bank Code for your institution. This code is essential for identifying the bank involved in the pledge.
3. Next, provide the County name where the pledge is being filed. Ensure this information is accurate to avoid any discrepancies.
4. In the Security Description field, detail the type of collateral security being pledged. Use clear language to describe the securities involved.
5. Indicate the Rate of the security as a percentage. This percentage is critical for understanding the value associated with the pledged collateral.
6. Fill in the Custody Receipt Number and the CUSIP Number, both of which are unique identifiers for securities. Be sure to double-check your entries for accuracy.
7. Specify the Maturity Date of the pledged security. This date indicates when the security matures, so proper attention to detail is crucial.
8. Provide the Name of the Pledgor Bank and their Mailing Address, ensuring to include the City for clarification.
9. Indicate whether the pledge is a substitution of collateral by answering Yes or No. If Yes, you will need to provide the State Treasurer's Previous Pledge Number.
10. For the Release of Collateral section, if applicable, request the release by entering the State Treasurer's Pledge Number and signing where indicated.
11. Finally, review all information for accuracy. Once satisfied, you can save your changes, download the completed form, print it for your records, or share it as required.

Complete your documentation online today and ensure your collateral securities are properly pledged.